If the deal proceeds to plan, BofA would secure the Merrill brand and the largest retail broker network in the US, with a 17,000strong herd of financial advisers as well as a leading investment bank and wealth management franchise. There are, though, two big dangers. First, much of the risk Merrill has "offloaded" in its vendorfinanced sale of toxic securities could come back to haunt its new owner. Second, a culture war between two workforces remunerated according to different pay systems seems unavoidable. 2. Risk: Integration Challenges - Merging two large organizations can lead to operational and cultural issues. Likelihood: High Impact: Medium Response Complete a risk register for BoA's project to acquire Merrill Lynch. Complete a write-up highlighting the top 5 risks and your recommendation on how to proceed